On-chain analyst Onchain Lens said SpaceX (SPCX) fell 9.36% on the day, putting pressure on a large leveraged long position on Hyperliquid. The whale address identified as 0x3527…1e16 is holding a 122,000 SPCX long worth about $13.58 million, according to the monitoring data cited by ChainCatcher. The address entered the position at an average price of $126.04, while the market price has dropped to $111.29. Based on those figures, the position is now showing an unrealized loss of roughly $1.8 million. The liquidation price was reported at $22.27. The update focuses on one whale account’s current exposure as SPCX moves lower.
ChainCatcher reported, citing on-chain analyst Onchain Lens (@OnchainLens), that SpaceX (SPCX) fell 9.36% on the day.
A whale address on Hyperliquid, 0x3527…1e16, is currently holding a 122,000 SPCX long position worth about $13.58 million. The position’s average entry price stands at $126.04, while the market price has fallen to $111.29. The account is now sitting on an unrealized loss of about $1.8 million, with a liquidation price of $22.27.
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